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Profit taking session | TheGreekDeal.com
Athens Stock Exchange
Profit taking session
Today (8/1) proved to be a session of... profit-taking and assimilation of acquisitions at the Athens Stock Exchange, which however managed to suffer the least possible "damage.".
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Today (8/1) proved to be a session of... profit-taking and assimilation of acquisitions at the Athens Stock Exchange, which however managed to suffer the least possible "damage.".

Besides, although the sellers were dominant for most of the day, the buyers almost completely reversed the situation. As a result, the Greek market remained above 1,500 points, the highest levels in 14 years.

In fact, this was achieved against the volatility and liquidation conditions abroad, with Athens maintaining the positive movement of January, which already offers an average return of +2.5%. 

Specifically, despite the intraday loss of the 1,500 mark, the General Index managed to close near the high of the day, registering a subtle -0.01% decline and ending at 1,506.48 points.

The banking index, which showed remarkable composure throughout the session, managed to gain further to +0.17% and 1,353 points, marking a new 9-year high.

Alpha shares stood out at +1.44% and EUR 1.727, Eurobank shares followed at +0.51% and EUR 2.346, Piraeus shares traded at +0.72% and EUR 4.18, while NBG shares were limited to -1.10% and EUR 7.914.

In the high-cap index (-0.15% and 3,672 points), Metlen shares retreated -2.06% and 34.1 euros, with Jumbo shares sliding -2.2% and 26 euros. Shares in OPAP, Aegean and Ellakor lost at least 1%, while Motor Oil shares were almost unchanged (-0.19%) in the wake of the sale of 250,000 treasury shares, representing 0.23% of the share capital, acquired at an average cost of EUR 13.5/share. On the flip side, AIA shares gained 1.1% and approached 8.2 euros, boosted by an increase in passenger traffic. Cenergy's shares rose 1.2%, touching a record 10 euros. The shares of ELVALHALKOR also climbed by 1.8%, which extended its 2025 rally and "flew" to 2.16 euros (10-month high).

As for the mid-cap index (+0.31 and 2,418 points), Intrakat's share stood out negatively at -1.8% and 4.7 euros, in anticipation of the introduction of the subscription right for the capital increase on Monday. Intracom's share also retreated by 1.3%. On the flip side, Kri Kri shares broke another all-time high, gaining 3.5% to EUR 16.2. Shares of PPA, Noval, AVAX, Quest, Fourlis also rose by more than 1%. Special mention should be made of ILYDA, which soared by 9%, thanks to the establishment of the right to free shares.

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